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The Latest Breaking News from Patrick Gelsinger

U.S government awards Gelsinger-backed EUV developer xLight with $150 million in federal incentives — company to develop new electron-based light source for lithography tools

U.S. government to inject up to $150 million in xLight, a startup developing EUV light source based on a particle accelerator, with the first CHIPS and Science Act grant by the Trump Administration.

Tom’s Hardware

Howard Lutnick Says Trump Administration Chip R&D Partnership With Former Intel CEO Pat Gelsinger's Startup Can 'Fundamentally Rewrite The Limits'

On Monday, the Donald Trump administration said it has signed a preliminary, nonbinding agreement to take an equity stake in xLight.

Benzinga

Pat Gelsinger explains how his initials ended up etched into every i386 processor ever made — ex-Intel CEO bluffed Andy Grove to keep his mark on the legendary chip’s silicon

Pat Gelsinger's initials remained on the Intel 386 silicon die, despite this being something that wasn't done at Intel, thanks to some quick thinking.

Tom’s Hardware

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Zohran Mamdani Says No More Thanking Veterans Today, Forgetting Tomorrow — Trump, Obama And Others Express Gratitude For Service

As the nation marked Veterans Day 2025 on Tuesday, Nov. 11, political leaders and tech executives alike took to public platforms to honor the courage, sacrifice and enduring legacy of America's veterans.

Benzinga

Could the AI bubble be real? This sage of the 2008 market crash and central character of The Big Short, certainly thinks so

Michael Burry’s large bearish bets on major AI firms revive fears of inflated valuations and deepen debate about a potential bubble.

TechRadar

Ex-Intel CEO Pat Gelsinger praises cutting-edge Nvidia chip production with TSMC on US soil, despite Intel missing out — hails manufacturing milestone of US-based supply chain

Intel's ex-CEO, Pat Gelsinger, has praised the news that Nvidia's latest graphics chips are now in full production on American soil. Highlighting how important the silicon supply chain is for national security, he said that he hopes this will allow Nvidia to go harder and faster in its future developments,…

Tom’s Hardware

Former Intel CEO Pat Gelsinger Applauds Nvidia's Move To Manufacture Blackwell AI Chips in Arizona: 'Well Done, Go Faster...'

On Wednesday, former Intel Corporation (NASDAQ:INTC) CEO Pat Gelsinger praised Nvidia Corp's (NASDAQ:NVDA) decision to shift production of its most advanced AI chips to Arizona

Benzinga

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A former Intel CEO is all-in on faith-based AI that will 'hasten the coming of Christ's return' and knows his #1 target: 'I want Zuck to care'

Strap in, true believers.

PC Gamer

Ex-Intel CEO Pat Gelsinger says 'of course' we're in an AI bubble but it won't end 'for several years'

'We're hyped, we're accelerating, we're putting enormous leverage into the system.'

PC Gamer

Former Intel CEO Pat Gelsinger confirms the industry is in an AI bubble, but that a pop could be several years away — 'We’re displacing all of the internet and the service provider industry as we think about it today'

The former CEO says that we're in an AI bubble, but technological developments in AI efficiency will prevent it from bursting, at least in the near future.

Tom’s Hardware

Former Intel CEO Pat Gelsinger Slams CHIPS Act Rollout, Says Trump Administration's Stake Only Matters If It Builds And Fills Fabs

Former Intel Corp (NASDAQ:INTC) CEO and current Playground Global general partner Pat Gelsinger criticized the slow rollout of the CHIPS Act, arguing that the U.S. government's new stake in Intel only matters if it results in more semiconductor fabs being built and filled across America.

Benzinga

I got to see Intel Panther Lake up close this month, and it is the most important product Intel has ever produced

Intel announced its next series of processors, the Core Ultra series 3, this week, but I got a close up look at these new chips in Arizona ahead of the announcement. Here's what I saw.

TechRadar

Former Intel CEO Pat Gelsinger Addresses Concerns Around AI Boom Mirroring Early Internet Mania: 'No Change For The Next Two, Three, Four Years But..'

Former Intel Corp. (NASDAQ:INTC) CEO Pat Gelsinger has said the current wave of artificial intelligence investment and vendor financing bears similarities to the early internet boom — but predicted real technological transformation before the end of the decade.

Benzinga

Intel Roars Back With 'Panther Lake' — But Arm's CEO Isn't Buying It Just Yet

Intel Corp's (NASDAQ:INTC) long-promised comeback is finally taking silicon shape. The chipmaker just unveiled its Panther Lake architecture — the first AI PC platform built on its cutting-edge 18A node — and will begin high-volume production at its new Arizona fab later this year. CEO Pat Gelsinger is framing it…

Benzinga

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Windows Central

Intel just got $5.7B from the US government — but Trump could block foundry spinoff

The US now owns 9.9% of Intel and wants the chipmaker to retain control of its foundry business.

Windows Central

The US government now owns nearly 10% of Intel — here’s why it happened

The US government now owns nearly 10% of Intel after an $8.9 billion deal, combining CHIPS Act funding and national security grants — here’s why it matters for America’s chip strategy.

Benzinga

TSMC Legend Morris Chang Once Branded Former Intel CEO 'Rude' Over 'Taiwan Is Not A Stable Place' — Today, Intel Struggles In The AI Landscape

Intel Corp's (NASDAQ:INTC) relationship with Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) soured years back — and it all traces back to comments that left TSMC's legendary founder unimpressed.

Windows Central

Trump’s changing stance on Intel's "conflicted" CEO Lip-Bu Tan sparks talk of government stake in the chipmaker

A week after calling Intel’s CEO “conflicted,” Trump met with him. Now the U.S. is reportedly exploring a stake in the chipmaker.

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PC Gamer

Talks are reportedly underway for the US Gov. to take a stake in Intel, and its share price has already jumped 7% in response

My, how the turntables have... turned.

Benzinga

Intel Stock Trends, Jumps 4.5% After Hours As Analysts Digest Trump Administration's Potential Investment

Intel Corp. (NASDAQ:INTC) gained 4.48% in after-hours trading on Thursday after climbing 7.38% during the regular session, according to data from Benzinga Pro. The stock was seen trending among investors.

Fortune

How once-iconic Intel fell into a 20-year decline

Its CEO is under fire. It has lost its edge. And it’s still the only U.S. company with the know-how to make leading-edge chips in America.

PC Gamer

Intel has just 18 months to 'land a hero customer on 14A' or its cutting-edge fabs are toast, says chip industry analyst

Tick, tock, the clock's a tickin'.

PC Gamer

'I do not subscribe to the belief that if you build it, they will come' says Intel's new CEO, calling past investments 'unwise and excessive'

Putting a stop to Gelsinger's 'bet it all' strategy.

Benzinga

Intel Eyes Aggressive 2026 CapEx Cuts After 'Excessive' Spending: 'We Will Build What Customers Need, When They Need It,' Says CEO Lip-Bu Tan

Intel Corp. (NASDAQ:INTC) is signaling a dramatic shift in its capital expenditure strategy, with plans for aggressive cuts in 2026, as CEO Lip-Bu Tan pledges to prioritize demand-driven investments over what he describes as “unwise and excessive” spending of the past.

Windows Central

Intel plans to layoff 24,000 employees in 2025 — it will also pull back from several projects including some in Germany, Poland, and more

Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects in Germany, Poland, the United States, and more.

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